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Amazon and Future Retail Ltd (FRL) on Monday, 4 April, informed the Supreme Court that they wish to appear before the Singapore International Arbitration Centre (SIAC) in connection with the pending adjudication of arbitration proceedings before it.
A bench comprising Chief Justice N V Ramana and justices Krishna Murari and Hima Kohli, which had heard part arguments on Amazon's plea on April 1, has posted the case for the conclusion of submissions on April 4.
Get latest articles and stories on India at LatestLY. The Supreme Court has asked whether it can pass any interim order on a plea of Amazon that Future Retail Ltd's (FRL) assets including Big Bazaar shops not be alienated till the dispute over its merger with Reliance Retail is decided by the arbitral tribunal. India News | SC Asks if It Can Pass Orders Restraining Alienation of FRL's Assets.
The Supreme Court has asked whether it can pass any interim order on a plea of Amazon that Future Retail Ltd (FRL) assets including Big Bazaar shops not be al
Over months, Reliance has taken over the leases of more than 900 of Future's 1,500 stores, while still allowing the company to run them.